Independent Standard-Setting Boards

The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.

The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.

The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.

Press Releases/News Alerts

The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC), the global organization for the accountancy profession, is seeking to fill a key technical manager position. The IAASB sets, independently and under its own authority, international standards on auditing and assurance in the public interest and works to facilitate convergence to international standards. Key responsibilities of this technical manger role include the following:

Conducting project research with standard setters and IFAC member bodies from around the world;

Developing, editing and revising standards and guidance;

Participating in IAASB/IFAC project task force meetings; and

Assisting the IAASB Chairman, Technical Director and Deputy Directors in responding to inquiries from the Consultative Advisory Group, the Public Interest Oversight Board*, and others.

The ideal candidate for this position will have a professionally recognized accounting degree or other relevant qualification. An excellent knowledge of audit issues is required; experience in the standard-setting process is highly desirable, as is exposure to public sector, small and medium entity or multinational entity audit issues. Excellent oral and written communication skills with fluency in written and spoken English and strong computer literacy are further qualifications. The preferred location for the candidate will be at IFAC headquarters in New York, but Melbourne or Toronto will be considered as alternative locations. A complete job description, including additional information concerning preferred background and experience, is available on the IFAC website at //www.ifac.org/JobsAtIFAC. Interested candidates should submit their résumé (cv) by June 15, 2006 to Alta Prinsloo, IAASB Deputy Director (altaprinsloo@ifac.org) indicating their preferred location.

About the IAASB and IFAC

The objective of the IAASB, an independent standard-setting board within IFAC, is to serve the public interest by setting high quality auditing and assurance standards and by facilitating the convergence of international and national standards, thereby enhancing the quality and uniformity of practice throughout the world and strengthening public confidence in the global auditing and assurance profession. The Public Interest Oversight Board oversees the activities of the IAASB and, as one element of that oversight, establishes the criteria for its due process and working procedures. IFAC is the dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. Its current membership consists of over 160 professional accountancy bodies in 120 countries, representing more than 2.5 million accountants in public practice, education, government service, industry and commerce. In addition to setting international auditing and assurance standards through the IAASB, IFAC, through its independent standard-setting boards, sets ethics, education, and public sector accounting standards. It also issues guidance to encourage high-quality performance by professional accountants in business.

*Notes to Editors The IAASB Consultative Advisory Group (CAG) is independent of the International Federation of Accountants. The objective and the scope of activities of the CAG, with the rules for membership, and operating procedures are set out in its terms of reference. The terms of reference and a complete list of CAG member organizations can be found online at //www.ifac.org/IAASB/About.php#ConsultativeAdvisoryGroup.

The Public Interest Oversight Board (PIOB) was formally established in February 2005 to oversee IFAC's auditing and assurance, ethics, and education standard-setting activities as well as the IFAC Member Body Compliance Program. The objective of the PIOB is to increase confidence of investors and others that such activities, including the setting of standards by the IAASB, are properly responsive to the public interest. PIOB members are nominated by international institutions and regulatory bodies.

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